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Solta Medical Reports First Quarter 2013 Results
Date:5/1/2013

o reflect the occurrence of unanticipated events.

 

 Solta Medical, Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands of dollars, except share and per share data)(unaudited)Three Months EndedMarch 31,20132012Net revenue 

$34,523$32,454Cost of revenue 

12,84412,211Gross margin 

21,67920,243Operating expenses:Sales and marketing 

14,20713,946Research and development 

5,3355,305General and administrative 

6,9774,660Remeasurement of contingent consideration liability

(3,100)4,700Total operating expenses 

23,41928,611Loss from operations 

(1,740)(8,368)Interest income

93Interest expense

(692)(351)Other expense, net

(95)(26)Loss before income taxes 

(2,518)(8,742)Income tax provision

7757Net loss

($2,595)($8,799)Net loss per share:Basic

($0.04)($0.14)Diluted

($0.04)($0.14)Weighted average shares outstanding used in calculating net lossper share:Basic

72,113,00761,352,524Diluted

72,113,00761,352,524 

 Solta Medical, Inc.NON-GAAP RECONCILIATION OF GROSS MARGIN, OPERATING INCOME (LOSS), EBITDA, NET INCOME (LOSS) AND NET INCOME (LOSS) PER SHARE  (in thousands, except share and per share data)(unaudited)Three Months EndedMarch 31,20132012GAAP Gross margin

$21,679$20,243GAAP gross margin as % of sales

63%62%Non-GAAP adjustments to gross margin:GAAP Gross margin

$21,679$20,243Amortization and other non-cash acquisition related charges

1,4381,658Stock-based compensation

136112Non-GAAP gross margin

$23,253$22,013Non-GAAP gross margin as % of sales

67%68%GAAP loss from operations

($1,740)($8,368)Non-GAAP adjustments to net loss from operations:Amortization and other non-cash acquisition related charges

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SOURCE Solta Medical, Inc.
Copyright©2012 PR Newswire.
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Related medicine technology :

1. Solta Medical to Present at the 25th Annual ROTH Growth Stock Conference on March 18, 2013
2. Solta Medical Reports Fourth Quarter and Full Year 2012 Results
3. Solta Medical to Report Fourth Quarter 2012 Results Release and Host Conference Call on February 19, 2013
4. Solta Medical to Present at the Leerink Swann Global Healthcare Conference in New York on February 14, 2013
5. Solta Medical to Acquire Sound Surgical Technologies
6. Solta Medical Reports Third Quarter Results
7. Solta Medical And BTL Industries Resolve Patent Dispute
8. Solta Medical to Present at the 32nd Annual Canaccord Growth Conference
9. Solta Medical, Inc. Closes Public Offering of Common Stock
10. Solta Medical, Inc. Prices $15 Million Public Offering of Common Stock
11. Solta Medical, Inc. Announces Proposed Public Offering of Common Stock
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